Canada is often torn in two different directions when it comes to energy policy, with former Prime Minister Justin Trudeau pursuing a green transition more strongly, while major oil-producing regions fought to keep oil and gas on the agenda. The ongoing production of highly polluting oil sands in Alberta province seems, to many, to be at odds with Canada’s climate targets, while others argue that the country’s crude production is key to both energy security and revenue. Now, as Avi Lewis takes over the New Democratic Party (NDP), the…

Hungary is expected on Tuesday to agree a $500-million oil supply deal with the United States during the visit of U.S. Vice President JD Vance in Budapest, a source with knowledge of the plan told Bloomberg. Vance arrived in Hungary’s capital city earlier on Tuesday, just days ahead of the general election in the country on April 12, in which Hungarian Prime Minister Viktor Orban is badly trailing in poll numbers. The expected Hungary-U.S. deal would envisage Hungarian energy company MOL agreeing to buy about 500,000 tons of U.S. oil for…

Hungary is expected on Tuesday to agree a $500-million oil supply deal with the United States during the visit of U.S. Vice President JD Vance in Budapest, a source with knowledge of the plan told Bloomberg. Vance arrived in Hungary’s capital city earlier on Tuesday, just days ahead of the general election in the country on April 12, in which Hungarian Prime Minister Viktor Orban is badly trailing in poll numbers. The expected Hungary-U.S. deal would envisage Hungarian energy company MOL agreeing to buy about 500,000 tons of U.S. oil for…

A quiet Easter Sunday was abruptly punctured when US President Donald Trump unleashed a brutal, expletive-filled ultimatum to the Iranian regime. In a post on Truth Social, Trump wrote: “Tuesday will be power plant day, and bridge day, all wrapped up in one, in Iran. “There will be nothing like it!!! Open the f***in’ strait you crazy b***ards, or you’ll be living in Hell- JUST WATCH!” The president’s latest ultimatum comes as countries around the world face the grim realisation that the economic effects of the…